American’s Support for Israel Wanes
Americans are more likely to support Israel amid the Middle East conflict, but support is waning. A Gallup poll found that 46% of Americans feel sympathy toward Israel, marking the [...]
Fed has become World Central Bank
The U.S. Federal Reserve left interest rates unchanged yet strongly indicated that it could still tighten monetary policy by the end of this year as the labor market improved further. Wages are actually rising because the work force is aging actually reducing the availability of workers in many skilled areas other than doctors, lawyers, and politicians.
Janet Yellen stated bluntly that U.S. growth was looking stronger and rate increases would be needed to keep the economy from overheating and fueling higher inflation. But this does not take into account fiscal policy, which the Fed cannot control.
Emerging markets accumulated dollar debt equal to about 50% of the US National Debt. A US rate hike will cause problems in that area while it will signal also disaster for Japan and Europe. So the statements of Yellen may sound unimportant, but there was no discussion of negative rates coming from the Fed.
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US Deficit Surpassed $1 Trillion in February
According to the Treasury Department, America’s deficit surpassed the $1 trillion mark this February. The deficit reached $307 billion for the month, marking a 2.5X increase on a monthly basis [...]
Canada to Take Over for USAID?
Canada has agreed to fund woke programs abandoned by USAID. As the nation grapples with a barely functioning government and cost of living crisis, the Canadian government is funding what [...]
Market Talk – March 13, 2025
ASIA: The major Asian stock markets had a negative day today: • NIKKEI 225 decreased 29.05 points or -0.08% to 36,790.03 • Shanghai decreased 13.19 points or -0.39% to 3,358.73 [...]
